Investors upbeat about Hry, India: Khattar after his return

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PTI

May 25, 2017

UPDATED: May 25, 2017 21:50 IST

from Singapore, Hong Kong

Chandigarh, May 25 (PTI) Chief Minister Manohar Lal Khattar, who returned today after a five-day visit to Singapore and Hong Kong, said the investors there are "upbeat" about opportunities in Haryana, and India as a whole.

He said the investors there expressed confidence in choosing India, and in particular Haryana as a business destination, due to the congenial atmosphere it offers them.

"We are committed to working towards a progressive and prosperous Haryana," Khattar said here terming his foreign visit as successful.

"I think a saturation point has reached in some countries but investors that we met said they were upbeat about India and in Haryana," he said.

"The investors showed great interest in investing in Haryana in various sectors," he told reporters here.

He said officials will have follow-up visits to ensure that MoUs which have been signed take shape on the ground at the earliest.

Khattar, who headed a nine-member delegation, that also included Industries and Commerce Minister Vipul Goel, had left for a five-day tour of Singapore and Hong Kong on May 21.

MoUs worth over Rs 20,000 crore were signed during the Chief Ministers visit.

Upon his return from abroad, Khattar held a meeting with officials here this evening.

His visit was aimed at inviting and encouraging investors in Singapore and Hong Kong to invest in Haryana.

Khattar said the investors were told that BJP government aims at promoting Haryana as a vibrant and competitive destination.

"We told them that we want to make the state a corporate capital, an industrial hub and a residential and entertainment centre while retaining the edge it enjoys in manufacturing, services and knowledge sectors," he said.

"A clear vision, political will, good governance, empathy, empowerment, partnership and creativity will be the keywords to drive the future growth and success of Haryana," the Chief Minister added.

The Haryana Government has taken several initiatives, including implementing the new enterprises promotion policy, for investors, so that they may not face any problem in setting up their ventures in the state.

Similarly, single roof clearance system has been implemented under Haryana Enterprises Promotion Centre where all clearances related to setting up of industries are provided in maximum 45 days.

Investment of about Rs 6 lakh crore was promised during the global investors summit organised in Gurugram last year. Another global investors summit would be organised in January, 2018 to invite further investment in the state.

During Khattars Singapore visit, Pratt and Whitney, a global aviation major, has committed to set up its R&D facilities in Haryana with an investment of Rs 400 crore.

The Singapore New Water Authority has also agreed to work with the Haryana Government for setting up a drinking water institute, and rejuvenation of 14,000 water bodies in the state.

During his visit, the chief minister also addressed a closed-door meeting with 30 top Singapore-based CEOs and leading investors in the field of infrastructure and real estate.

The Haryana Government signed five MOUs for projects worth Rs 18,000 crore during the road show held in Singapore. More than 100 representatives from top companies in Singapore took part in the road show.

Khattar also told the investors that the Haryana government had launched Maha Nivesh Yojana for iconic-ultra mega projects in manufacturing, tourism, logistics, wholesale markets involving land of minimum 500 acres and investment worth USD one billion. Such projects would be provided special dispensation, including customised package of incentives.

Hong Kong-based China Light and Power (CLP) has offered to join hands with the Haryana government in setting up a Rs 500 crore renewable energy project at Jhajjar. PTI SUN ARK

This is unedited, unformatted feed from the Press Trust of India wire.

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